Canada

Seven diamond miners form group to fight synthetics

Cecilia Jamasmie | May 29, 2015
Seven diamond miners form group to fight synthetics

But some believe main challenge will be falling prices and wholesalers difficult access to credit to purchase rough diamonds.

India’s appetite for fertilizers beats expectations — Phosagro

Cecilia Jamasmie | May 29, 2015
India’s appetite for fertilizers beats expectations — Phosagro

After being practically absent from the Indian market for two years, the Russian firm has signed a three-year supply contract with IPL.

An energy policy for a New Alberta

Mike Priaro | May 28, 2015

Objective analysis, and some not very difficult math, indicates there is no physical need, economic justification, environmental acceptability, or social licence for either the Keystone XL or Northern Gateway pipeline proposals.

Life hasn’t come back to Canada’s mining sector just yet — report

Cecilia Jamasmie | May 28, 2015
Life hasn’t come back to Canada’s mining sector just yet — report

Mining equities didn’t fare very well in Ernst & Young's most recent Canadian Mining Eye report.

Teck reacts to depressed coal prices by halting production at Canadian mines

Cecilia Jamasmie | May 28, 2015
Teck idles mines

The company says each of its six mines will be shut down for three weeks in the third quarter.

Wildfire spreads closer to Canada’s oil sands: hundreds evacuated

Cecilia Jamasmie | May 28, 2015
Wildfire spreads closer to Canada’s oil sands: hundreds evacuated

As of Wednesday night, there were 63 fires burning in the area and 13 were considered to be out of control.

Chile regulator seeks sanctions against Lundin’s Candelaria mine

Cecilia Jamasmie | May 27, 2015
Chile regulator seeks sanctions against Lundin’s Candelaria mine

Inspections that took place between 2013 and 2014, revealed 16 infractions, nine of which were considered very serious.

Romania opens door to new gold, copper project led by Canadians

Cecilia Jamasmie | May 27, 2015
Romania opens door to new gold, copper project led by Canadians

This is first time Romania grants a mining license without the involvement of a state-owned enterprise.

China eyes Canadian uranium miners — report

Cecilia Jamasmie | May 26, 2015
China eyes Canadian uranium miners — report

China needs supply for its 22 operating reactors and the other 24 currently are under construction.

Cecilia Jamasmie

China’s Zijin inks deals with two Canadian firms on the same day

Cecilia Jamasmie | May 26, 2015
China’s Zijin grabs stake in two Canadian firms on the same day

Perhaps the most important aspect of today’s agreements is the fact that both aim to form long-term strategic partnerships to collaborate on further ventures, opening new markets for all the firms involved.

Barrick sells 50% in Papua New Guinea unit to China's Zijin

Cecilia Jamasmie | May 26, 2015
Barrick sells 50% in Papua New Guinea unit to China's Zijin

The deal is part of a long-term strategic cooperation agreement that will see Zijin and Barrick collaborate on future projects and joint investments.

Yukon Premier Darrell Pasloski: Our goal is to be the number one mining location

The Gold Report | May 26, 2015
SCC won't hear Yukon's appeal over mining law

Pasloski talks about some companies advancing their projects in one of the world's top mining jurisdictions.

Canada’s Territories hold massive shale oil reserves similar to US Bakken field

Cecilia Jamasmie | May 25, 2015
Canada’s Territories hold massive shale oil reserves similar to US Bakken field

Energy regulator says it holds as much as 200 billion barrels of shale oil reserves, comparable to North Dakota’s thriving Bakken field.

Barrick sells Cowal mine to Evolution Mining for $550 million

Cecilia Jamasmie | May 25, 2015
Barrick sells Cowal mine to Evolution Mining for $550 Million

With the acquisition Evolution Mining will become Australia's second largest gold producer.

Major accommodation supplier is cautiously optimistic

Michael Allan McCrae | May 25, 2015
ATCO outlook david gagne

"I sort of approach it with some tepid enthusiasm from what I can see. We are hopefully going to see a couple of mining projects–predominantly in eastern Canada–that will come to fruition in the next quarter."

Wildfire shuts down two oil sands sites

Andrew Topf | May 24, 2015
wildfire 600x400

A fast-moving wildfire in northeastern Alberta has forced the evacuation of staff at two oil sands facilities representing over 7 percent of Alberta's oil production.

Zijin Mining, Gold Fields among final bidders for Barrick's Australian gold mine

Cecilia Jamasmie | May 22, 2015
Zijin Mining, Gold Fields among final bidders for Barrick's Australian gold mine

Analysts believe Cowal mine may be worth at least $400 million, and that Barrick would likely get as much as $1.1 billion from the sale of both, the New South Wales' mine and Papua New Guinea’s Porgera.

PotashCorp invests in technology for Aboriginal education

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More than 200 local Aboriginal students started the school week off with a special boost thanks to new educational technology donated by PotashCorp and One Laptop per Child (OLPC) Canada.

B2Gold secures new US$350 million revolving credit facility

B2Gold | May 20, 2015

On May 20, 2015, the Company signed a credit agreement with a syndicate of international banks for a new Revolving Credit Facility (the "New RCF") for an aggregate amount of $350 million.

K+S on track to begin producing potash from Legacy mine next year

Cecilia Jamasmie | May 19, 2015
KplusS Potash 400 333

Legacy will be the first new potash mine built in Canada's Saskatchewan in the last 40 years.

Oil sands stakeholder gives Imperial Metals a $25 million helping hand

Cecilia Jamasmie | May 19, 2015
Oil sands stakeholder gives Imperial Metals a $25 million helping hand

The loan will be used for the development of the company's Red Chris gold and copper mine in northwest British Columbia.

Canada to cut 30% of emissions by 2030, including oil sands

Cecilia Jamasmie | May 15, 2015
Canada to cut 30% of emissions by 2030, does not include oil sands

While the ambitious target doesn’t include specifics for the oil sands, they are included in the plan, says the government.

Nautilus Minerals named to 2015 OTCQX Best 50

Nautilus Minerals Inc. | May 14, 2015

Nautilus Minerals Inc. is pleased to announce it has been named to the 2015 OTCQX® Best 50, a ranking of 50 top performing companies traded on the OTCQX Best Marketplace last year.

Groups ask Gov’t to suspend TransCanada Corp’s Energy East pipeline application

Cecilia Jamasmie | May 14, 2015
Groups ask Gov’t to suspend TransCanada Corp’s Energy East pipeline application

More than 60 Canadian groups are urging the National Energy Board to suspend its review of TransCanada's application for its Energy East pipeline.

Global gold demand drops 1% in Q1, but investments jump — report

Cecilia Jamasmie | May 13, 2015
Global gold demand drops 1% in Q1, but investments jump — report

Once again Asia drove demand, with China and India alone accounting for 54% of the total.

Canada's Kinross Gold spied on opponents and activists in Brazil

The Guardian | May 13, 2015

The company's ambitions to create most productive gold mine in Brazil plagued by health risks and threats to activists and opponents.

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